BCCL
One way in which Sitharaman wants to generate revenue is to complete the divestments of state owned companies including BPCL, Air India, Pawan Hans and more. The idea is to complete the sale by the end of 2021-22 which could add as much as Rs 1.75 lakh crore to the hungry government coffers.
She also allays the fears of those who are worried that the government would exit these businesses and the after-effects of these assets falling into private hands.
“Why should there be fear? Haven’t we said minimum government, maximum governance? A classic example is Air India. How long have we had this dilemma, the dharam sankat? Did it benefit us? It drained resources and accumulated a huge amount of debt. I am also responsible as to how effectively I am using taxpayers’ money,” she told Times Now.